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#1 Expansion of Home Improvement Tax Credit. The tax credit for making energy efficient home improvements is now 30% of the cost of the improvements up to a maximum of a $1,500 Credit.

#2 Expansion of First-time Home Buyer Tax Credit. The credit available to first-time home buyers was increased from $7,500 to $8,000 for homes purchased between January 1, 2009, and December 1, 2009. No pay back required if home is lived in for three years.

#3 Higher Reverse Mortgage Loan Limits. The loan limits for FHA-insured reverse mortgages have been increased to $625,500 across the entire country- not just the higher cost areas.

#4 $729,750 FHA and Conforming Loan Limits Restored in High Cost Areas. The $729,750 Maximum loan limit had been in force throughout 2008, but was reduced to $625,500 in 2009. The economic stimulus package restores the $729,750 maximum.